Financial Crime and Compliance

Achieve better outcomes at lower costs with Financial Crime and Compliance

The cost of compliance impacts every financial institution. Poor data quality and the inability to see the full breadth of customer relationships make it even more challenging. Precisely makes it easy to find, link and visualize complex relationships. Our Financial Crime and Compliance solution enables you to identify entities and resolve problems in less time with fewer resources. With sophisticated data matching and analytics, it’s simple to augment your existing systems and workflows. Now, you can detect suspicious activity, consolidate cases and provide analysts with the information they need to resolve investigations with speed and precision.

Save money, improve detection and streamline investigations

Identify entities with confidence

Find parties across disparate databases, accounts and transactions. The Precisely solution verifies and validates missing information, so you can detect matches even in records with misspellings, nicknames or cultural variances. The use of unique identifiers makes it easy to correlate, link and access data on all parties.

Generate a single view of the customer

See customers as they really are by linking complete profiles, related transactions, onboarding documents and related images. Our unique visualization of networks, maps and interested third parties make it easy to spot non-obvious relationships.

Increase productivity at every step

Our solution employs customer-centric rules that consolidate and prioritize cases. Analysts can launch and review all case-related content on a single screen with no duplication of effort or time wasted toggling between multiple systems.

Increase the accuracy and efficiency of every discipline, including:

• Anti-money laundering (AML)
• Know Your Customer (KYC)
• Fraud prevention
• Bank Secrecy Act
• Sanctions screening

Find, link and visualize complex relationships

Increase the value of existing data

The Precisely solution enhances your current systems and workflows to improve data quality, as it adds new insights to every aspect of your anti-money laundering operation. By making connections that are often missed by existing tools, you can quickly uncover the truth.

• Standardize, normalize and validate data
• Handle complex consumer address issues
• Identify matches using advanced algorithms that take into account different spellings, nicknames and cultural variances